Lake Cove Village
5335-5365 Audobon Ave,
Inver Grove Heights, MN 55077
$1,129 - $1,529 Plus Fees
1-2 Beds | 12 Month Lease
Lake Cove Village
Inver Grove Heights, MN
Lake Cove Village - Inver Grove Heights, MN Area Guide
Enjoy peaceful suburban living near countless amenities
Suburban
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Peaceful
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Laidback
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Quiet
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Affordable
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Commuter
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Situated on the eastern side of Schmidt Lake, Lake Cove Village is a primarily residential neighborhood near a host of major amenities. Lake Cove Village residents enjoy close proximity to numerous shops, restaurants, and offices clustered around Blaine Avenue and Upper 55th Street as well as the many metropolitan delights of Downtown Saint Paul.
Area attractions like Fort Snelling State Park, Mall of America, Minnesota Zoo, and Minnehaha Regional Park are all just a short drive away from Lake Cove Village. Convenient access to U.S. 52, I-494, and Minneapolis Saint Paul International Airport makes commuting and traveling from peaceful Lake Cove Village easy.
Rent Trends
As of February 2026, the average apartment rent in Lake Cove Village is $1,156 for one bedroom, and $1,249 for two bedrooms. Apartment rent in Lake Cove Village has decreased by -4.0% in the past year.
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1 BR
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819 sq ft
Average Sq Ft
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$1,156/month
Average Rent
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2 BR
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819 sq ft
Average Sq Ft
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$1,249/month
Average Rent
Transportation
15
Car-Dependent
out of 100 WalkScore® Rating
Walking is difficult in this neighborhood, which is considered a car-dependent area.
21
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
32
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Points of Interest
Parks and Recreation
- Dodge Nature Center
- Cherokee Regional Park
- Irvine Park
- Highland Park and Golf Course
- Crosby Farm Regional Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Lake Cove Village
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.